Money Laundering

HSBC Into Money Laundering? Shares Crash To 25-Year Low; China Takes Action HSBC's shares have stooped to lowest since 1995 after allegations of money laundering. Some leaked secret files showed that the bank knew about fraudsters…

Chinese Used Paytm Gateway For Running Online Betting In India; PMLA Imposed After raiding 15 locations across Delhi, Gurgaon, Mumbai, and Pune, under various sections of the Prevention of Money Laundering Act (PMLA) some companies…

Now Get Insurance Using Your Aadhaar Card; Govt Eases KYC Norms For 29 Insurance Firms Amidst the COVID-19 crisis, the government has now allowed insurance companies to collect Aadhaar card details under the Prevention of Money…

Paytm KYC Scam: This Is How Bengaluru Doctor Was Robbed Of Rs 50,000 By Fraudsters Asking To 'Update' Paytm KYC Time and again, Paytm has published information on its app and website, asking Paytm users to not fall for any calls or text…

Fraud Paytm Employees Rob Rs 5 Lakh From 6 Users In Maharashtra: KYC Fraud Strikes Again (How To Avoid It?) Time and again, Paytm has published information on its app and website, asking Paytm users to not fall for any calls or text…

22 Yr-Old Indian Creates Android App Which Sent Email From Any Account; Thousands Cheated By 'Email Spoofer' Everyday, we get to hear different incidents of online hacking or invasion of privacy. The truth is with the advancement of…

Noida based multilevel marketing company, eBIZ.com has allegedly been charged with a financial racket run by its very own Managing Director and his son, the company’s legal advisor. As per the Cyberabad Economic Offences Wing in…

Why Is MS Dhoni silent on this massive home scam by Amrapali? MS Dhoni has yet again surfaced onto the news and this time not for bright reasons. The Amrapali Group, majorly headed by Dhoni and his wife Sakshi Dhoni has allegedly fallen…

Govt. wants to ban all Ponzi schemes in India Finance Minister Nirmala Sitharaman introduced the Banning of Unregulated Deposit Schemes Bill, 2019 in the Lower House of Parliament to save gullible investors from ponzi schemes. …

There have been over 50,000 bank fraud cases hitting the Indian banks in the last 11 fiscal years. Right from big PSBs to small ones, private banks even international banks with their branches in India, these financial institutions…